Farfetch (FTCH) PT Lowered to $50 at BTIG
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Farfetch (FTCH) PT Lowered to $42 at Cowen
November 19, 2021 7:56 AM ESTCowen analyst Oliver Chen lowered the price target on Farfetch (NYSE: FTCH) to $42.00 (from $50.00) while maintaining an Outperform rating.
The analyst commented, "Missed expectations for 3Q21 EPS and lowered FY21 guidance. We believe FTCH is better positioned vs. peers in terms of its... More
Farfetch (FTCH) Shares Crash 23% Following Earnings, Analysts Lower PTs but Remain Positive as 'Power of Platform Still Evident'
November 19, 2021 7:06 AM ESTShares of Farftech Limited (NYSE: FTCH) are down nearly 23% in pre-open Friday after the company reported worse-than-expected Q3 results.
Farfetch reported Q3 EPS of ($0.17) which is better than the analyst estimate of ($0.36). Revenue for the quarter came in at $583 million versus the consensus estimate of $591.34 million. GMV soared 97% on a 2-year basis.
We are seeing strong industry traction behind our platform strategy. Over 1,400 brands and retailers are not only listing more luxury products than ever, but also driving record media solutions revenue in recognition of our highly... More
